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SAIH

SAIHEAT Ltd

SAIH

Market cap $58.2M

31.70 USD

+1.15

3.76%

At close Updated Sep 28, 4:00 PM EDT

1 day

3.76%

5 days

17.32%

1 month

33.47%

3 months

164.61%

6 months

306.41%

Year to date

225.8%

1 year

217%

5 years

-78.48%

10 years

-78.19%

About: Saiheat Ltd develops computing infrastructure and liquid cooling technologies for high-performance computing, AI, and digital asset mining applications. The company focuses on energy-efficient computing center solutions, including heat capture and recycling systems. It aims to reduce the carbon footprint of Bitcoin mining and AI operations. The company has four reportable segments: equipment sales, hosting, mining pool business, and mining.

Employees: 16

Technology Information Technology Services

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SAIHEAT Enters into Definitive Merger Agreement with Canopy Wave to Build a Global AI Inference Platform

The combined company will be renamed Canopy Wave Holdings Inc. and expected to trade on Nasdaq under the new ticker symbol "CWAV" — transaction repositions the Company around AI inference infrastructure for open-weight large language models. SINGAPORE and SANTA CLARA, Calif.

SAIHEAT Enters into Definitive Merger Agreement with Canopy Wave to Build a Global AI Inference Platform

SAIHEAT Expands Business into AI Inference Services, Delivering Tokens of Open Models to Enterprises

SINGAPORE, June 11, 2026 /PRNewswire/ -- SAIHEAT Limited (NASDAQ: SAIH) today announced its strategic expansion into the AI inference services business. It delivers enterprise-level authorized token access to mainstream open-source AI models, with our existing and prospective partners covering Kimi, GLM, DeepSeek, MiniMax, MiMo and other AI platforms.

SAIHEAT Expands Business into AI Inference Services, Delivering Tokens of Open Models to Enterprises

SAIHEAT Upgrades Its Nuclear Energy Business Strategy, Emerging as a Core Provider of Integrated Design Software Solutions for Large LWR and SMR

SINGAPORE, April 7, 2026 /PRNewswire/ -- SAIHEAT Limited ("SAIHEAT" or the "Company") (NASDAQ: SAIH) announced a strategic upgrade of its nuclear energy business, marking a pivotal shift from its original focus on small modular reactor (SMR) R&D to the integrated design software sector for nuclear power and SMR. The Company has solidified a dual-core operational model of Software Agency + Reactor Design and Analysis Solution Consulting, and officially positioned itself as a professional integrated supplier of design software and technical solutions for the overseas nuclear power and SMR sectors - a milestone that elevates the Company's nuclear energy business to a new stage of strategic development.

SAIHEAT Upgrades Its Nuclear Energy Business Strategy, Emerging as a Core Provider of Integrated Design Software Solutions for Large LWR and SMR

IAEA Approves SAIHEAT as Official SMR Vendor

SINGAPORE, June 02, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), is pleased to announce that the International Atomic Energy Agency (“IAEA”) has officially approved SAIHEAT as a vendor of small modular reactors (“SMRs”), endorsing the conceptual design and reactor description submitted by the Company.

IAEA Approves SAIHEAT as Official SMR Vendor

SAIHEAT Secures Patent for Innovative Control Rod Drive Mechanism in Small Modular Reactor Technology

SINGAPORE, May 14, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW) today announced it has received the Invention Patent Authorization Notice for its proprietary “Control Rod Drive Mechanism for Small Modular Pressurized Water Reactors (SMRs).” This breakthrough innovation enhances core reactivity control in next-generation SMRs through a compact design, superior precision, and robust reliability, significantly improving operational safety and flexibility in nuclear power plants.

SAIHEAT Secures Patent for Innovative Control Rod Drive Mechanism in Small Modular Reactor Technology

SAIHEAT Limited Reports Audited Financial Results for the Year Ended December 31, 2024

SINGAPORE, April 28, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (“SAIHEAT” or the “Company”) (NASDAQ: SAIH), today reported audited financial results for the fiscal year ended December 31, 2024. Financial Highlights for the Year Ended December 31, 2024 Total revenues were US$5.54 million, representing a decrease of 18% compared to US$6.78 million in 2023 primarily due to revenue decreases across business segments of sales of products, hosting service and mining pool, which was partially offset by 125% revenue increase from mining revenue for the year ended December 31, 2024.

SAIHEAT Limited Reports Audited Financial Results for the Year Ended December 31, 2024

SAIHEAT Limited Initially Covered by uSMART Securities

SINGAPORE, April 23, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), announced that the Company has been covered by uSMART Securities for launching an initial equity research report coverage on March 26, 2025. Click Here to view the full equity research report.

SAIHEAT Limited Initially Covered by uSMART Securities

SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining

SINGAPORE, March 27, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW), is pleased to announce its participation in the 1CP (AEP's Critical Peak) program, a strategic initiative designed to reduce electricity costs for energy-intensive industries. This initiative aligns with SAIHEAT's mission to enhance operational efficiency and sustainability in the digital asset sector.

SAIHEAT Announces Joining 1CP Program to Optimize Energy Costs for Bitcoin Mining

SAIHEAT Limited Announces Effective Date of Reverse Stock Split

SINGAPORE, March 11, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW) today announced that it has resolved to effect a reverse stock split of the Company's ordinary shares, with the split ratio set at 1-for-15. The reverse stock split was approved by the Company's shareholders at an extraordinary general meeting held on February 26, 2025. The Company's ordinary shares will begin trading on an adjusted basis, reflecting the reverse stock split, on March 17, 2025, under the existing ticker symbol “SAIH.” The new CUSIP number for the Company's ordinary shares will be G7852T202.

SAIHEAT Limited Announces Effective Date of Reverse Stock Split

SAIHEAT Limited Announces Results of Extraordinary General Meeting

SINGAPORE, March 04, 2025 (GLOBE NEWSWIRE) -- SAIHEAT Limited (f/k/a SAI.TECH Global Corporation) (“SAIHEAT” or the “Company”) (NASDAQ: SAIH, SAITW) today announced that all of the shareholder proposals submitted for shareholder approval (the “Proposals”) as set forth in the notice of extraordinary general meeting dated February 18, 2025 (the “Notice of EGM”) have been duly adopted at its extraordinary general meeting of shareholders held virtually at www.virtualshareholdermeeting.com/SAI2025SM on February 26, 2025 (the “EGM”).

SAIHEAT Limited Announces Results of Extraordinary General Meeting

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